u/AlarmedBookkeeper310

▲ 3 r/Jeddah

Looking to make friends

I would like to make friends and hopefully we have things in common, but opposite’s do attract sometimes. I am a firm believer in authentic and genuine relationships.

I can’t help it but notice that there’s this barrier every time i try to make a connection and there’s barely any effort from one end which is something i am trying to avoid. So i would like to avoid a loop of small talk as it may not be sufficient to form something authentic or at the very least sustainable.

reddit.com
u/AlarmedBookkeeper310 — 2 days ago

Nike Profit Expected to Drop Nearly 50%, Turnaround Opportunity or Warning sign ?

Financial experts anticipate the sportswear giant's profit could plummet by approximately 45% to 48% compared to the same period last year. Revenue, meanwhile, is forecast to be nearly stagnant. The company's ongoing corporate overhaul is leaving a clear mark on its financial performance.

Nike's quarterly profit is forecast to drop -45% due to $300M in restructuring costs. While North America shows early recovery signs, challenges persist in China and Europe.

reddit.com
u/AlarmedBookkeeper310 — 1 month ago

Nike Profit Expected to Drop Nearly 50% — Turnaround Opportunity or Warning Sign?

Financial experts anticipate the sportswear giant's profit could plummet by approximately 45% to 48% compared to the same period last year. Revenue, meanwhile, is forecast to be nearly stagnant. The company's ongoing corporate overhaul is leaving a clear mark on its financial performance.

Nike's quarterly profit is forecast to drop -45% due to $300M in restructuring costs. While North America shows early recovery signs, challenges persist in China and Europe.

u/AlarmedBookkeeper310 — 1 month ago

FactSet Revenue Is Growing — But Margins Are Falling. Bullish or Red Flag ?

GAAP revenues rose 7.1% to $611.0 million, while organic revenues grew 6.8% to $606.2 million, driven mainly by institutional buy-side and wealth management clients.

Profitability softened as GAAP operating margin fell to 30.3% and adjusted operating margin to 35.0%, due to higher compensation, technology costs and amortization, plus an equity investment impairment that weighed on GAAP EPS. Adjusted diluted EPS still rose 4.2% to $4.46, helped by revenue growth and a lower share count.

Free cash flow increased 23.6% to $185.7 million, supporting $163.0 million of share repurchases in the quarter, with $697.1 million remaining under the program.

u/AlarmedBookkeeper310 — 1 month ago

The reason GameStop maintained profitability appears to be lower operating costs. SG&A spending fell to $241.5 million from $282.5 million, pushing operating income up to $135.2 million from $79.8 million. On an adjusted basis, operating income climbed to $147.7 million from $84.4 million.

The company’s cash position strengthened significantly, with cash, cash equivalents and marketable securities totaling $9.0 billion at quarter end, compared to $4.8 billion a year earlier. GameStop also reported Bitcoin and related receivables valued at $368.4 million.

For the full fiscal year 2025, GameStop reported net sales of $3.630 billion, down 5.0% from $3.823 billion in fiscal 2024. Adjusted net income for the year was $647.4 million, compared to $131.2 million in the prior year.

reddit.com
u/AlarmedBookkeeper310 — 2 months ago

The reason GameStop maintained profitability appears to be lower operating costs. SG&A spending fell to $241.5 million from $282.5 million, pushing operating income up to $135.2 million from $79.8 million. On an adjusted basis, operating income climbed to $147.7 million from $84.4 million.

The company’s cash position strengthened significantly, with cash, cash equivalents and marketable securities totaling $9.0 billion at quarter end, compared to $4.8 billion a year earlier. GameStop also reported Bitcoin and related receivables valued at $368.4 million.

For the full fiscal year 2025, GameStop reported net sales of $3.630 billion, down 5.0% from $3.823 billion in fiscal 2024. Adjusted net income for the year was $647.4 million, compared to $131.2 million in the prior year.

u/AlarmedBookkeeper310 — 2 months ago